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Byju's refuses to repay its $1.2 billion loan

Finshots Daily

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Baiju's's Money Troubles

EdTech giant Baiju's has been struggling to pay back a $1.2 billion loan it took out from Lebor. The lenders say the company is not paying up and are trying to seize control of its US subsidiaries. Highathoradefinshots says that at the moment Baiju's looks like a jenga tar, but one wrong move could topple the entire thing.

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